Fifteen years ago, this week, we proposed the Automatic IRA as a way to boost retirement saving among the multitudes of American workers – now numbering roughly 55 million – who have no retirement plan at work.
John Cherry had no job, no money, no home. What he did have were debilitating health problems and drug and alcohol addictions. “I hit rock bottom,” says the 60-year-old Washington, D.C., resident.
You've undoubtedly heard the advice again and again: If you are close to retirement age, you should max out your contributions to employer-sponsored retirement plans.
The federal agency that insures private pensions is proposing a rule change that would add greater protection for workers who roll 401(k) money into a traditional pension.
In many places you can get a state government pension without even working for the state government.
The Takeaway: New Retirement Savings Route; Discussing Weight With Kids; Ethics of Alzheimer's and Divorce
The National Conference on Public Employee Retirement Systems this week proposed letting companies that lack their own employee pension plans buy into public retirement funds via the Secure Choice Pension ... A new survey conducted by WebMD and the nonprofit Sanford Health found parents would rather discuss the birds and the bees with their kids than weight ... And broadcaster Pat Robertson tells viewers it's okay to divorce a spouse with Alzheimer's disease.
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